The country’s stock market is reeling under significant pressure this week, with both the Dhaka and Chattogram bourses witnessing substantial losses.
Following a fall on the first trading day, the market continued its downward trend on Tuesday, the second session after the Bangla New Year holiday, as the share prices of most listed companies declined.
On the Dhaka Stock Exchange (DSE), the key index DSEX shed 37 points, reflecting the prevailing bearish sentiment.
The downturn extended to other indices as well— the Shariah-based DSES dropped by 10 points, while the blue-chip DS30 index lost 18 points.
Out of 397 companies traded on the DSE, the majority suffered price losses. While only 98 companies recorded gains, 255 saw a decline in share prices and 44 remained unchanged.
A breakdown by category shows the price fall dominated across all segments—A, B, and Z. In particular, only 11 of the 83 B-category companies experienced price increases, while 67 declined and 5 remained unchanged.
Mutual funds were not spared either. Among the 36 funds traded, only 7 saw price appreciation, while 24 declined and 5 stayed the same.
In the block market, 26 companies offloaded shares worth Tk 48.93 crore. Marico Bangladesh topped the chart, selling shares worth Tk 23.38 crore alone.
Despite the falling indices, DSE saw an increase in overall turnover. Total transactions reached over Tk 446 crore, compared to Tk 414 crore on the previous trading day.
Rangpur Foundry Ltd emerged as the top gainer on the DSE, with its share price rising by 9.94%. The stock opened at Tk 142.90 and closed at Tk 157.10.
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In contrast, Khan Brothers was the worst performer of the day, shedding 9.96%. The stock fell from Tk 134.50 to close at Tk 121.10.
Chattogram Bourse Follows Suit
The Chattogram Stock Exchange (CSE) mirrored the downtrend, with its key index plunging by 100 points during the day’s trading session.
Out of 211 companies traded on the CSE, 135 witnessed a decline in share prices, while 54 advanced and 22 remained unchanged.
Turnover on the CSE also decreased sharply. From Tk 15 crore in the previous session, total transactions dipped to just Tk 7 crore.
Eastern Cables Ltd became the day’s top gainer on the CSE, with its share price climbing by 9.95%. On the losing end, Deshbandhu Polymer Ltd dropped by 9.77%, ending the day at the bottom of the performance table.
Both bourses are now navigating through a period of uncertainty, with investor sentiment remaining shaky amid continued sell pressure and limited buying support.